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TSE:XMY
This summary was created by AI, based on 1 opinions in the last 12 months.
The iShares MSCI Min Vol Global Index ETF (CAD-Hedged), identified by the symbol XMY-T, is recognized for its low management expense ratio (MER) of 0.45%, making it an attractive option for investors seeking exposure to lower volatility global equities. This ETF tracks a comprehensive basket of holdings through the ACWI ETF, positioning itself as a reliable indicator of broader market trends. The ongoing depreciation of the US dollar is favorably impacting foreign equity performance, enhancing the appeal of this investment. Analysts suggest moving the stop-loss level from $27 to $32 while aiming for a target price of $39.50, indicating a potential upside of 18%. Additionally, it offers a yield of 1.7%, adding to its investment value.
iShares MSCI Min Vol Global Index ETF (CAD-Hedged) is a Canadian stock, trading under the symbol XMY.TO (previously XMY-T on Stockchase) on the Toronto Stock Exchange (XMY-CT). It is usually referred to as TSX:XMY or XMY.TO
In the last year, 1 stock analyst published opinions about XMY.TO (previously XMY-T on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for iShares MSCI Min Vol Global Index ETF (CAD-Hedged).
iShares MSCI Min Vol Global Index ETF (CAD-Hedged) was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2024-11-07. Read the latest stock experts ratings for iShares MSCI Min Vol Global Index ETF (CAD-Hedged).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of iShares MSCI Min Vol Global Index ETF (CAD-Hedged) published on Stockchase.
On 2026-06-10, iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) stock closed at a price of $33.78.
We reiterate XMY, a low-MER (0.45%) ETF that tracks a global basket of holdings of lower volatility global equity thru the ACWI ETF. It acts as a great indicator for the overall market as a whole -- hedged and traded in Canadian dollars. A weaker US dollar continues to boost foreign equity holdings. We recommend trailing up the stop (from$27) to $32, looking to achieve $39.50 -- upside potential of 18%. Yield 1.7%